The first quarter is over and the Loveland Colorado residential real estate market is a little mixed. The total number of resalehomes sold compaired to the same period last year is down -8%. However the medial sales price is up +3% and the average is flat at a -1%.
Bottom line is resale prices are holding desite volume being down a little. It will be interesting to see how the next three months come in.
New construction on the otherhand is still need a shot in the arm. Volume is down -46% and the median price is also down a -6%. A bright spot is that the average price is flat.
When compared to the rest of the country, I'm glad I live in Colorado!
Rob Proctor - Broker, At Home Realtors, http://www.at-home-realtors.com
I'm your home town real estate professional. Local independant realtor/broker serving Northern Colorado (Loveland, Fort Collins, Windsor, Wellington, Greeley, Berthoud, and Johnstown/Milliken).
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